Entry Risk Analyst Salary in Australia

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How much does an Entry Risk Analyst make in Australia? The average Entry Risk Analyst salary in Australia is A$83,916 as of March 19, 2021, but the range typically falls between A$66,109 and A$98,257. Salary ranges can vary widely depending on many important factors, including education, certifications, additional skills, the number of years you have spent in your profession. With more global market data that allows you to price your jobs around the world and compare job salaries across countries and cities on real-time compensation data, Salary.com helps you to determine your exact pay target.

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Global Market Data
50TH(Median) A$83,916 25TH A$66,109 75TH A$98,257

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Skills to Boost an Entry Risk Analyst Salary

Mastering key skills can significantly increase your earning potential as an Entry Risk Analyst. According to Salary.com's Real-time Job Posting Data, expertise in Loss Prevention can lead to a 2% salary raise, while strong Information Security skills boost pay by a 1%. Even Root Cause Analysis can result in a 1% salary increase.

Skill Library evaluates talent skills across five levels, supported by 5-10 behavior indicators, delivering precise insights for data-driven hiring decisions.
Loss Prevention
Loss prevention refers to measures taken to prevent the loss of life, health, and property. In the workplace, this involves preventing accidents, reducing risks, and controlling known hazards.
Information Security
A practice of preventing unauthorized access, use, disclosure, disruption, modification, inspection, recording, or destruction of confidential, private, and sensitive information.
Root Cause Analysis
In science and engineering, root cause analysis (RCA) is a method of problem solving used for identifying the root causes of faults or problems. It is widely used in IT operations, telecommunications, industrial process control, accident analysis (e.g., in aviation, rail transport, or nuclear plants), medicine (for medical diagnosis), healthcare industry (e.g., for epidemiology), etc. RCA can be decomposed into four steps: Identify and describe clearly the problem. Establish a timeline from the normal situation up to the time the problem occurred. Distinguish between the root cause and other causal factors (e.g., using event correlation). Establish a causal graph between the root cause and the problem.RCA generally serves as input to a remediation process whereby corrective actions are taken to prevent the problem from reoccurring. The name of this process varies from one application domain to another.
More Skills...
Based on recent job listings, in-demand skills in the Entry Risk Analyst field include Loss Prevention (2%), Information Security (1%), and Root Cause Analysis (1%). These skills reflect current market needs.
Skills Salary Demand
Skill & Salary Demand
Loss Prevention A$85,594
Loss Prevention
A$85,594
2%
Information Security A$84,755
Information Security
A$84,755
1%
Root Cause Analysis A$84,755
Root Cause Analysis
A$84,755
1%
Loss Prevention
9.94%
Information Security
1.55%
Root Cause Analysis
4.74%
Job Openings for Entry Risk Analyst
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About Australia

Lying on the Indo-Australian Plate, the mainland of Australia is the lowest and most primordial landmass on Earth with a relatively stable geological history. The landmass includes virtually all known rock types and from all geological time periods spanning over 3.8 billion years of the Earth's history. The Pilbara Craton is one of only two pristine Archaean 3.6–2.7 Ga (billion years ago) crusts identified on the Earth. Having been part of all major supercontinents, the Australian continent began to form after the breakup of Gondwana in the Permian, with the separation of the continental land...
Source: Wikipedia (as of 03/30/2021). Read more from Wikipedia

Entry Risk Analyst Pay Difference by Cities

City, Country Compared to national average
City, Country Sydney, AU Compared to national average
+ 3.8%
City, Country Melbourne, AU Compared to national average
+ 0.9%
City, Country Brisbane, AU Compared to national average
-1.3%
City, Country Perth, AU Compared to national average
+ 1.6%
City, Country Adelaide, AU Compared to national average
-3.7%
City, Country Gold Coast, AU Compared to national average
-5.4%
Employees with Entry Risk Analyst in their job title in Sydney, AU earn an average of 3.8% more than the national average. The lower salaries can be found in Gold Coast, AU (5.4% less), Adelaide, AU (3.7% less), Brisbane, AU (1.3% less).

Understand the base salary paid range for an Entry Risk Analyst in Australia

Average Base Salary

Core compensation

66109
98257
83916
The chart shows the base salary for Entry Risk Analyst ranges from A$66,109 to A$98,257 with the average base salary of A$83,916. The basic salary is the employee minimum income you can expect to earn in exchange for your time or services. This is the amount earned before adding benefits, bonuses, or compensation. The base salary of the Entry Risk Analyst may get paid difference by industry, location, and factors.

Entry Risk Analyst Frequently Asked Questions in Australia

What is the salary range for an Entry Risk Analyst in Australia? What is the average hourly rate?

The average salary for an Entry Risk Analyst in Australia is A$83,916 per year. The salary range for an Entry Risk Analyst is between A$66,109 and A$98,257. While we are seeing hourly wages as high as A$47 and as low as A$32, the majority of Entry Risk Analysts are currently paid an average of A$40 in Australia. The average salary pay range for an Entry Risk Analyst can vary depending on specific skills, level of skill, location, education, and years of experience. The company size, industry, and location, and numbers of available job candidates may also affect salary offers. Salaries for an Entry Risk Analyst in Australia can differ based on any or all of these varying factors. March 19, 2021 salary.com )
Why should you negotiate salary for an Entry Risk Analyst role? What are effective negotiation strategies?

Most hiring managers in Australia expect job candidates to negotiate salary. By doing this you will demonstrate that you are confident in your abilities and comfortable taking initiative which are traits that are beneficial for almost any role. You should try to negotiate the highest starting salary of the Entry Risk Analyst position that you can in Australia. This starting salary of the Entry Risk Analyst position will become the basis for all future increases while you are employed at the firm. A lower starting salary will result in smaller raises, even if the % increase is large, so try to maximize that starting base salary amount.
Once you have received an offer of the Entry Risk Analyst position in Australia, ask for a little time to consider it. Research salary levels for the position so you will know what range of salary is applicable for your job and location. Emphasize any special skills, experience, certifications, or credentials that you have. Point out past accomplishments that will be useful in the role. Suggest a salary that is slightly higher than your target, this will give you room to negotiate a lower amount but still meet your needs. March 19, 2021 salary.com )
How do you evaluate the advantages, opportunities, and salary for an Entry Risk Analyst role located in large metropolitan city or in a small town?

Start your evaluation by defining the most important aspects of the job and the overall lifestyle you can expect based on the location. The higher salary range of an Entry Risk Analyst in the Australia can be one of the reasons you are attracted to a position in a large city, but keep in mind that differences in the cost of living usually result in higher living expenses and less disposable income. an Entry Risk Analyst job in a large city of the Australia may offer a more varied experience, and greater opportunities for career progression, but may require long commutes or extended work hours. A large city in the Australia also provides more opportunities for entertainment and other activities. On the other hand, a non-metro location may offer lower salaries and fewer opportunities but have more affordable living expenses, shorter commute times, and other advantages. Consider these factors before you decide which Entry Risk Analyst job is right for you. March 19, 2021 salary.com )
Learn more about: Compensation Packages, Employee Flight Risk, Gender Pay Gap
Last Update: March 19, 2021